OPMobility up 11% after outperforming the market in Q3
** Shares in OPMobility OPM.PA rise 11% after the French auto parts supplier released its Q3 revenue, outperforming the automotive market
** It reported a 2.46 billion euros ($2.66 billion)consolidated revenue in Q3, compared with 2.39 billion euros a year ago
** "All divisions outperformed the market, and we note that, as expected, Modules (+23.7% lfl), made a particularly strong contribution to the outperformance", Midcap analyst Julien Thomas says
** OPMobility also confirmed its full-year outlook after guidance cuts from clients and competitors like Valeo and Forvia
** Midcap analyst adds the company is not under-performing its market in China, a sign that its join venture YFPO is repositioning itself in favour of local manufacturers
** Shares reached their highest price in three-months
($1 = 0.9248 euros)
Reporting by Mathias de Rozario
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